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- MC:$3.54KHolders:10.00%
- MC:$3.53KHolders:10.00%
- MC:$3.57KHolders:10.29%
- MC:$3.52KHolders:10.00%
- MC:$3.58KHolders:10.31%
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This is the 3rd most oversold level for Bitcoin ever...
When it comes to short term holders.
The only two times Bitcoin was more oversold for STH's was:
- Bottom of the bear market 2018
- Bottom in May 2021
This shows us that short term holders(emotional holders) have utterly capitulated beyond belief.
They are rekt.
Every time this oscillator has pushed sharply into the green, it has marked at least a decent local bottom.